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Superman's debut comic book issue sells for $1M (AP)

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A 1938 edition of Action Comics No. 1, widely considered the Holy Grail of comic books, was sold from a private seller to a private buyer, neither of whom released their names. The issue features Superman lifting a car on its cover and originally cost 10 cents.

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Fishler said it transpired minutes after the issue was put on sale at around 10:30 a.m. Eastern time (1530 GMT). He said that the seller was a "well known individual" in New York with a pedigree collection, and that the buyer was a known customer who previously bought an Action Comics No. 1 of lesser grade. "The fact that this book is completely un-restored and still has an 8.0 grade, it's kind of like a diamond or a precious stone. It's very rare," he said.

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This page contains a single entry by Viraj published on February 23, 2010 1:32 AM.

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